USD/JPY Hits 150 as Japan Struggles with Currency Policy
- USD/JPY crossed 150 on Thursday, likely to continue testing higher levels
- Further JPY depreciation expected if BoJ maintains ultra-expansive monetary policy
- MOF could intervene to strengthen JPY, but may not be effective long-term
- BoJ meeting on Tuesday but unclear if they will ease yield curve control
- Japan's monetary and exchange rate policies not always logical
